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About AAIB > |
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Profile
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Our Vision "To be the leading financial group in Egypt providing innovative services with a strong regional presence being the gateway for international business into the region." Incorporated in 1964 as the first Arab multinational bank in Egypt, Arab African International Bank was established by a Special Law as a joint venture between the Central Bank of Egypt and Kuwait Investment Authority. Since its inception, AAIB has been known as one of the most distinguished commercial and investment banks in the region. While maintaining its core competence as a corporate bank, AAIB is making break throughs in retail activities through expanding its innovative product range and geographic presence in the most commercially strategic locations. One of the fastest growing banks in Egypt, AAIB is gaining significant momentum towards assuming a leading position among Egyptian banks. AAIB’s products and services are designed to meet the evolving needs of corporate clients, their employees and selected high net worth individuals. |
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Security and credibility outline our values and guide our behavior at all levels of the organization, from our interactions with employees and stakeholders, to the services we offer to clients. As a bank, our values are sustained by our financial and corporate strength, the expertise of our management and the quality of our shareholders. | | PIONEERS | AAIB’s pioneering achievements include: | The creation of Egypt’s first international foreign exchange dealing room. | | Being one of the first banks to be licensed by Visa/MasterCard/JCB to enter into acquiring contracts with merchants. | | AAIB was also the first to introduce Credit Cards in the 1980s and Smart Cards in 2003. | | Extending our working hours at all our branches with full services from 8:00 am to5:00 pm. |
| | HIGHLIGHTS | | Established under a Special Law in 1964 with US$ 100,000,000 paid up capital. | | AAIB’s shareholder base include the Central Bank of Egypt and the Kuwait Investment Authority, each holding a 49.37% stake. These powerful institutions lend in valuable support and credibility to the financial services offered by the bank. | | AAIB enjoys US Dollar-based equity |
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